12 December2014

                                   Emmit Plc

                          ("Emmit" or the "Company")

                                 Loss of Nomad

The Board of Emmit notes the announcement on 28th November 2014 by Daniel
Stewart Securities plc that Daniel Stewart & Co plc will cease to be a
Nominated Adviser from the close of business on Friday 12th December 2014.  The
Company is currently in discussions to appoint a new Nominated Adviser however
it is unlikely that the Company will be able to confirm an appointment of a new
Nominated Adviser before this time.

AIM Rule 1 requires that trading in an AIM company shares on AIM will be
suspended at the point of ceasing to have a nominated adviser. Since the
Company's shares are already suspended pursuant to AIM Rule 14 following the
announcement by the Company on 7 November 2014, there will be no change to the
status of trading in the Company's shares on AIM. However, in the event of the
Company failing to appoint a replacement Nominated Adviser within approximately
1 month of 15th December 2014, admission of the Company's shares to trading on
AIM will be cancelled.

The Board would like to point out that should discussions with the shareholders
of XES and XOG result in a reverse takeover, the enlarged entity would have to
apply for Admission of the new enlarged entity in any event.

For further information please contact:

Emmit plc                         Dean Cook                   01473 604504
Managing Director

Daniel Stewart & Company Plc                                  020 7776 6550
Nominated Adviser

Alexander David Securities Ltd    David Scott                 020 7448 9820
Broker

www.emmitplc.com

Copyright r 11 PR Newswire

Grafico Azioni Emmit (LSE:EMT)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Emmit
Grafico Azioni Emmit (LSE:EMT)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Emmit